United Bankshares (UBSI) has been upgraded to a Zacks Rank #2 (Buy) due to an upward trend in earnings estimates. This reflects positivity about the company’s earnings outlook, potentially leading to buying pressure and a higher stock price. Analysts have steadily raised their estimates for United Bankshares, with the Zacks Consensus Estimate increasing by 4.6% over the past three months.

The Zacks rating system, based on earnings estimate revisions, correlates strongly with near-term stock movements. Rising earnings estimates for United Bankshares indicate an improvement in the company’s business, which could drive the stock higher. Institutional investors use earnings estimates to calculate fair value, leading to stock price movement based on their actions.

The Zacks Rank stock-rating system, with a track record of +25% annual return for Zacks Rank #1 stocks since 1988, classifies stocks based on earnings estimates. United Bankshares is expected to earn $3.15 per share for the fiscal year ending December 2025, with analysts increasing their estimates. The Zacks Rank #2 upgrade places United Bankshares in the top 20% of Zacks-covered stocks for estimate revisions.

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Read more at Nasdaq: United Bankshares (UBSI) Upgraded to Buy: Here’s Why